Hi Friends,
What is the difference between VAT and Sales tax
Hi Friends,
What is the difference between VAT and Sales tax
sales tax is paid on sales value,
vat is paid on only valued added portion only
both are calculated on sales value
vat has input credit facility to avoid double taxation
Satish
Sharma ji right.
Please let me know when Sales tax is applicable and when VAT is applicable
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
